Noteholder Direction definition

Noteholder Direction has the meaning set forth in Section 7.6(a) of the Indenture.
Noteholder Direction means any notice of Default, notice of acceleration or instruction to the Trustee to provide a notice of Default, notice of acceleration or take any other action.
Noteholder Direction has the meaning specified in Section 5.02.

Examples of Noteholder Direction in a sentence

  • In addition, each Directing Holder must, at the time of providing a Noteholder Direction, covenant to provide the Company with such other information as the Company may reasonably request from time to time in order to verify the accuracy of such Directing Holder’s Position Representation within five Business Days of request therefor (a “Verification Covenant”).


More Definitions of Noteholder Direction

Noteholder Direction has the meaning assigned to it in Section 6.02(d).
Noteholder Direction has the meaning assigned to such term in Section 7.05.
Noteholder Direction has the meaning specified in Section 502(c) of this Indenture.
Noteholder Direction means in respect of an action to be taken or a power to be exercised by holders of the Series 2019-1 Notes and which action relates solely to such Series 2019-1 Notes: (a) a direction by the holders of the Series 2019-1 Notes representing more than 66⅔% of the principal amount of the Series 2019-1 Notes (or, in the case of any waiver of the commencement of the Amortization Period with respect to the Series 2019-1 Ownership Interest, a direction by the holders of the Series 2019-1 Senior Notes representing more than 66⅔% of the principal amount of the Series 2019-1 Senior Notes and a direction by the holders of the Series 2019-1 Subordinated Notes representing more than 66⅔% of the principal amount of the Series 2019-1 Subordinated Notes) (as determined in the manner described in the Series 2019-1 Supplement) then outstanding properly represented at a duly constituted meeting of the holders of the Series 2019-1 Notes (or, in the case of any waiver of the commencement of the Amortization Period with respect to the Series 2019-1 Ownership Interest, at a duly constituted meeting of the holders of the Series 2019-1 Senior Notes and a duly constituted meeting of the holders of the Series 2019-1 Subordinated Notes, respectively) called for the purpose of providing such direction in accordance with the Indenture, or (b) a direction pursuant to a document or documents in writing signed by the holders of the Series 2019-1 Notes representing more than 66⅔% of the principal amount of the Series 2019-1 Notes (or, in the case of any waiver of the commencement of the Amortization Period with respect to Series 2019-1 Ownership Interest, a direction pursuant to a document or documents in writing signed by the holders of the Series 2019-1 Senior Notes representing more than 66⅔% of the principal amount of the Series 2019-1 Senior Notes and a direction pursuant to a document or documents in writing signed by the holders of the Series 2019-1 Subordinated Notes representing more than 66⅔% of the principal amount of the Series 2019-1 Subordinated Notes) then outstanding in accordance with the Indenture;
Noteholder Direction means, in each case, a direction in writing by the holders of at least one-fifth of the Aggregate Nominal Amount of the Notes outstanding, or a direction by an Extraordinary Resolution of the Noteholders.
Noteholder Direction means, except as otherwise provided herein, (i) a direction by the Noteholders representing more than 50% of the aggregate unpaid principal amount of the Notes then outstanding represented at a meeting of the Noteholders called for the purpose of providing such direction in accordance with Article Eleven or (ii) a direction pursuant to a document or documents in writing signed by the Noteholders then outstanding in accordance with Section 11.15 hereof;
Noteholder Direction has the meaning set forth in Section 7.6(a) of the Indenture. A-17 Definitions (SDART 2023-2)